article thumbnail

Days Sales Outstanding (DSO): A Guide

TreviPay

Firstly, there are two main variables to consider: Ending total receivables: Your accounts receivable balance Total credit sales: The value of your outstanding invoices (usually given in dollars, pounds, euros, etc.) One survey found that in the hotel industry between 2020 and 2021, the average DSO dropped by 8%.

article thumbnail

Dales Sales Outstanding (DSO): A Guide

TreviPay

Firstly, there are two main variables to consider: Ending total receivables: Your accounts receivable balance Total credit sales: The value of your outstanding invoices (usually given in dollars, pounds, euros, etc.) One survey found that in the hotel industry between 2020 and 2021, the average DSO dropped by 8%.

DSO 52
article thumbnail

Evidence It's Time to Adjust Your Collection Practices

Your Virtual Credit Manager

Use the following formula to determine your CEI: (Beginning receivables + Monthly credit sales - Ending total receivables) ÷ (Beginning receivables + Monthly credit sales - Ending current receivables). YVCM was launched in February, 2021, and has since grown to over 6,000 subscribers.

DSO 130